Over the past two years, there’s been a severe shift in the Indian IT Industry with a decline in 30-35% of demand for few roles. Some of the roles with significant drops are Desktop Support Engineer, MIS Executive, Linux System Administrator, Test Engineer, and Customer Support Engineer. This decline is…
In view of the decline in export and weak prospects for this year’s crop, the Indian cotton sector sought to benefit from incentives and a tariff cut on imported cotton so as to strengthen its troubled textile industry. The decrease in export of clothing for the first quarter of FY23…
This week, Adani group’s listed companies witnessed a huge fall in Friday’s trading session, losing a cumulative market capitalisation of over Rs 52,000 crore which is another severe capital breakdown in over four months. Earlier this year, it had lost more than Rs 59,000 crore, after the declaration of a…
With the latest technology and revolutionary changes in the technology, Kodak had missed its opportunities in digital photography. Due to newly invented technologies, the business of Kodak had to decline its sales in the market gradually. This strategic failure directly affected Kodak, and the decline in digital photography, and film-based…
India enters ‘technical recession’: A country faces technical recession if there is a negative growth in real gross domestic product (GDP) for two consecutive quarters. Likewise, according to reports India’s economy has entered technical recession due to contraction in GDP for two consecutive quarters. The economic data released by the…